Benevolent neutrality is a term used by Sir Edward Grey to describe United States foreign policy regarding involvement in World War I. Examples were seen shortly before the war, with the League of the Three Emperors, an agreement between the powers of Russia, Germany, and Austria-Hungary. It is distinct from strict neutrality because America had some favorable policies towards the Allies; for example, generally favorable trade decisions, accentuated by the better availability of information about the Allies, and the pre-existing state of public opinion. Eventually, benevolent neutrality favoured the Allies even more, allowing them loans and arms.